← All Stocks

Waters Corporation

WAT · NYQ
$433.54+0.75%
52W Low: $282.7752W High: $436.34
Current: $433.54  ·  98% of 52-week range
HealthcareDiagnostics & ResearchNYQ
View live charts, options flow & technicals for Waters Corporation → Open Dashboard

Waters Corporation (WAT) is a healthcare company in the diagnostics & research industry with $4.64B in trailing revenue trading at a 109.8× trailing P/E — analyst consensus: buy.

Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. The company operates through two segments, Waters and TA. The company designs, manufactures, sells, and services liquid chromatography, as well as mass spectrometry (MS) technology systems and supports products, including chromatography columns, and other consumable products. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer goods, and healthcare products, as well as for life science research; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. In addition, the company offers MS technology, which is used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. Its products are used by clinical, pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. The company was founded in 1958 and is headquartered in Milford, Massachusetts.

Key Statistics

Market Cap$42.57B
Revenue (TTM)$4.64B
EPS (TTM)$3.95
EPS (Fwd est.)$16.55
Employees16,000
Trailing P/E109.76
Forward P/E26.20
PEG Ratio1.60
Price / Sales9.17
Price / Book2.80
EV / EBITDA32.73
Beta (5Y)1.19

Analyst Consensus

Consensus
Buy
Analyst Price Target
+2.6% upside
Target: $444.79

Annual Revenue & Net Income

RevenueNet Income
'22
$2.97B
$710.00M
'23
$2.96B
$640.00M
'24
$2.96B
$640.00M
'25
$3.17B
$640.00M

Earnings History


QuarterActual EPSEstimateResult
Aug 2026
$3.05
$3.01Beat (+1.4%)
May 2026
$2.70
$2.31Beat (+17.0%)
Feb 2026
$4.53
$4.51Beat (+0.5%)
Nov 2025
$3.40
$3.22Beat (+5.5%)

Next Earnings Report

Waters Corporation is next expected to report earnings on 30 Oct 2026.

Profitability

56.3%
9.4%
3.6%
Gross
Margin
Operating
Margin
Net
Margin
Revenue Growth (YoY)113.4%
Return on Equity1.9%
Return on Assets3.6%

Balance Sheet

Cash & Equivalents$540.00M
Total Debt$5.48B
Net Position$4.94B (net debt)
Free Cash Flow (TTM)$-140.00M
Debt / Equity36.05

Share Ownership

Institutions 102.3%
Insiders 0.1%
Institutional figure exceeds 100% due to short selling

Related Stocks

LLYUNHJNJMRKABBVTMOPFEISRG

Frequently Asked Questions

What does Waters Corporation (WAT) do?
Waters Corporation provides analytical workflow solutions in Asia, the Americas, and Europe. The company operates through two segments, Waters and TA. The company designs, manufactures, sells, and services liquid chromatography, as well as mass spectrometry (MS) technology systems and supports products, including chromatography columns, and other consumable products. It also designs, manufactures,…
What is WAT's market cap?
Waters Corporation has a market capitalization of approximately $42.57B.
What is WAT's P/E ratio?
Waters Corporation trades at a trailing P/E ratio of 109.8x and a forward P/E of 26.2x, which is above the broad market average of ~25x.
How much revenue does WAT generate?
Waters Corporation generated $4.64B in trailing 12-month revenue.
What do analysts say about WAT?
The analyst consensus rating for Waters Corporation is buy, with a mean price target of $444.79. That implies +2.6% upside from the current price.
When does WAT report earnings?
Waters Corporation is next scheduled to report earnings on 30 Oct 2026.
Does WAT pay a dividend?
Waters Corporation does not currently pay a regular dividend.

View live charts, options flow, gamma exposure, earnings history, and technical analysis for Waters Corporation on Apsis Markets.

Open Live Dashboard →